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Solana price rebounds 10% from June low, eyes $76 if $68 resistance breaks

Technical Signals
12 Jun 2026
Crypto news
View Source
Bullish
pluang ai news

Solana's price has recovered over 10% from its June low near $61 after a 36% drop from May's peak around $96, stabilizing above key support near $60-$62. Technical patterns like a multi-month falling wedge and a 4-hour ascending triangle suggest a potential rise toward $76 if the $68 resistance is broken. However, analysts remain cautious, noting a confirmed bullish reversal requires a break above $72.57 and a five-wave advance. Market sentiment is influenced by Bitcoin's weakness and U.S. economic data, leaving Solana's near-term recovery dependent on overcoming the $68 resistance level.

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